Civic Intelligence

Victory Village Inc.

990 • Fiscal year 2022 • EIN 32-0380137

Oct 01, 2021 to Sep 30, 2022 • Filed on Jun 06, 2023

12408 Kennedy Flat RoadJackson, CA 95642

(209) 274-4456

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

92nd percentile

0.79x

Higher debt load relative to assets than 92% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

92nd percentile

1.20x

Higher debt load relative to revenue than 92% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

18th percentile

-16%

Higher net margin than 18% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

71st percentile

$57,250

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 12.6% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

23rd percentile

-9.3%

Faster asset growth than 23% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

65th percentile

23%

Faster revenue growth than 65% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Down

$698,526

Down $71,790 (-9.3%) from 2021

Net Assets

Down

$150,129

Down $72,762 (-33%) from 2021

Liabilities

Up

$548,397

Up $972 (+0.2%) from 2021

Revenue

Up

$455,803

Up $86,331 (+23%) from 2021

Expenses

Up

$528,565

Up $223,973 (+74%) from 2021

Net Income

Down

-$72,762

Down $137,642 (-212%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2016: $342,324Liabilities 2016: $227,290Net Assets 2016: $115,0342016Assets 2017: $330,688Liabilities 2017: $204,655Net Assets 2017: $126,0332017Assets 2018: $325,196Liabilities 2018: $186,253Net Assets 2018: $138,9432018Assets 2019: $339,496Liabilities 2019: $165,792Net Assets 2019: $173,7042019Assets 2020: $437,602Liabilities 2020: $263,509Net Assets 2020: $174,0932020Assets 2021: $770,316Liabilities 2021: $547,425Net Assets 2021: $222,8912021Assets 2022: $698,526Liabilities 2022: $548,397Net Assets 2022: $150,1292022Assets 2023: $756,912Liabilities 2023: $568,840Net Assets 2023: $188,0722023Assets 2024: $3,546,851Liabilities 2024: $3,325,182Net Assets 2024: $221,6692024

Highlighted filing

2022

Assets$698,526
Liabilities$548,397
Net Assets$150,129

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2016: $526,110Expenses 2016: $520,920Net Income 2016: $5,1902016Revenue 2017: $479,495Expenses 2017: $468,496Net Income 2017: $10,9992017Revenue 2018: $202,107Expenses 2018: $189,197Net Income 2018: $12,9102018Revenue 2019: $240,844Expenses 2019: $206,083Net Income 2019: $34,7612019Revenue 2020: $226,187Expenses 2020: $225,798Net Income 2020: $3892020Revenue 2021: $369,472Expenses 2021: $304,592Net Income 2021: $64,8802021Revenue 2022: $455,803Expenses 2022: $528,565Net Income 2022: -$72,7622022Revenue 2023: $1,274,318Expenses 2023: $1,236,375Net Income 2023: $37,9432023Revenue 2024: $1,995,591Expenses 2024: $2,003,371Net Income 2024: -$7,7802024

Highlighted filing

2022

Revenue$455,803
Expenses$528,565
Net Income-$72,762
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Jun 6, 2023
Return Version
2021v4.2
Gross Receipts
$461,124
Mission and Program Overview

Mission

Victory Village's purpose and mission is to develop affordable housing with innovative supportive services and programs for veterans, seniors, families, women and children experiencing homelessness, poverty, and vulnerability in underserved communities.

Victory villages purpose and mission is to develop affordable housing with innovative supportive services and programs for veterans, seniors, families women and children experiencing homelessness, poverty, and vulnerability in underserved communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$553,586$599,446▲ $45,860
Cash and Non-Interest-Bearing Accounts$194,979$50,755▼ $144,224
Accounts Receivable$20,868$37,707▲ $16,839
Prepaid Expenses and Deferred Charges$883$10,618▲ $9,735
Total Assets$770,316$698,526▼ $71,790
Liabilities
Mortgage Notes Payable Secured by Investment Property$540,530$513,865▼ $26,665
Accounts Payable and Accrued Expenses$6,895$24,798▲ $17,903
Other Liabilities-$9,734-
Total Liabilities$547,425$548,397▲ $972
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$222,891$150,129▼ $72,762
Total Net Assets Fund Balance$222,891$150,129▼ $72,762
Total Liabilities and Net Assets / Fund Balance$770,316$698,526▼ $71,790

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$254,808$22,941$277,749
Land$206,145-$206,145
Buildings$105,695$24,305$130,000
Equipment$22,839$61,024$83,863
Other Land Buildings$9,959$25,368$35,327
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Nicole MulfordExecutive Director-$57,250$57,250
Michele SieferBoard DirectorFT$52,168$52,168

Board Members and Trustees

NameTitle
Jason MulfordPresident
Leland MeyerVice President Treasurer
Gary RedmanBoard Director
Joe ArevalosBoard Director
Arnold ZeidermanSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$371,365
Program Service Revenue
$37,733
Investment Income
$0
Other Revenue
$46,705
All Other Contributions
$73,154
Change in Net Assets
$-72,762

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$6,200-
Other Non Cash Contri Table1$5,900Fair Market Value (FMV)
Other Non Cash Contri Table14$5,181-
Cars and Other Vehicles2$4,500Fair Market Value (FMV)
Other Non Cash Contri Table1$4,091-
Other Non Cash Contri Table1$3,000Fair Market Value (FMV)
Other Non Cash Contri Table1$1,500-
Total Noncash Contributions21$30,372-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$341,302
Salaries, Compensation, and Employee Benefits$187,263
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$184,277$10-$184,287
Current Officers, Directors, Trustees, and Key Employees$109,418--$109,418
Other Salaries and Wages$46,003$16,624-$62,627
Occupancy$51,911--$51,911
Fees for Services Accounting$25,157--$25,157
Depreciation Depletion$19,684--$19,684
Payroll Taxes$13,380$1,838-$15,218
Insurance$14,675--$14,675
Office Expenses$12,096--$12,096
Interest$11,671--$11,671
Travel$10,477--$10,477
Advertising$5,813--$5,813
Other Expenses$43$317-$43
Total Functional Expenses$509,776$18,789$0$528,565
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$5,321
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Nicole MulfordSpouse of Current PresidentWages for Services RenderedNo$57,250
Michele SieferDirectorWages for Services RenderedNo$52,168
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Interest Payable$9,734
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

The board president and executive director are married.

Form 990 governing body review Part VI line 11

The board reviews the 990 in a regular scheduled board meeting.

Conflict of interest policy compliance Part VI line 12C

The board regularly and consistently monitors and enforces compliance with their conflict of interest policy by discussing matters at their board meetings.

CEO executive director top management comp Part VI line 15A

The board prepares and approves the salaries as part of the grant program application.

Other officer or key employee compensation Part VI line 15B

The board prepares and approves the grant budget proposals which includes all salaries of board officers, and all positions.

Governing documents etc available to public Part VI line 19

The organization makes its governing documents available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Victory Village Inc
EIN
32-0380137
Address
12408 KENNEDY FLAT ROAD, JACKSON, CA 95642

Signing Officer

Name
Jason Mulford
Title
President
Phone
2092232286
Signed
2023-06-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Mulford
Formed
2012
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
5
Employees
5
Volunteers
30

Preparer

Firm
Cathy Castillo CPA
Address
460 Sutter Hill Rd Ste E POBox 1355, Sutter Creek, CA 95685
Preparer
Cathy Castillo
Phone
2092675119
Supplemental Narrative

Additional Explanations

Significant program services not listed on prior year return Part III line 2

Victory village is expanding to provide housing resources for non veterans including seniors, families, women and children.

List of other expenses Part IX line 24E

Total includes merchant fees, payroll processing fees, postage, recruitment, rental of storage containers, building maintenance, telephone, tfa, vet crew, website, licenses and fees, and miscellaneous expenses.

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IRS990/PYContributionsGrantsAmt0350178
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0124072
IRS990/PYOtherRevenueAmt01727
IRS990/PYProgramServiceRevenueAmt017567
IRS990/PYRevenuesLessExpensesAmt064880
IRS990/PYSalariesCompEmpBnftPaidAmt0180520
IRS990/PYTotalExpensesAmt0304592
IRS990/PYTotalRevenueAmt0369472
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-72762
IRS990/RegularMonitoringEnfrcInd0true
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IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt08831
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0382115
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0351313
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0206135
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0220716
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0141220
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01301499
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
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IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt01301499
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0382115
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0351313
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0206135
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0220716
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0141220
IRS990ScheduleA/Total509Grp/TotalAmt01301499
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0382115
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0351313
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0206135
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0220716
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0141220
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01301499
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0105695
IRS990ScheduleD/BuildingsGrp/DepreciationAmt024305
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0130000
IRS990ScheduleD/EquipmentGrp/BookValueAmt022839
IRS990ScheduleD/EquipmentGrp/DepreciationAmt061024
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt083863
IRS990ScheduleD/LandGrp/BookValueAmt0206145
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0206145
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0254808
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt022941
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0277749
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt09959
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt025368
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt035327
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09734
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED INTEREST PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0599446
IRS990ScheduleD/TotalLiabilityAmt09734
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0NICOLE MULFORD
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1MICHELE SIEFER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0SPOUSE OF CURRENT PRESIDENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1DIRECTOR
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt152168
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0WAGES FOR SERVICES RENDERED
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1WAGES FOR SERVICES RENDERED
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/CarsAndOtherVehiclesGrp/ContributionCnt02
IRS990ScheduleM/CarsAndOtherVehiclesGrp/MethodOfDeterminingRevenuesTxt0FMV
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IRS990ScheduleM/CarsAndOtherVehiclesGrp/NoncashContributionsRptF990Amt04500
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
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IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt41
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt51
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0DONATED VAN 2000 DODGE
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1DONATED REPAIRS
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc2DONATED VAN 1999 DODGE
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc3DONATED PROGRAM EXPENSES
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc4DONATED COUNSELING
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc5DONATED GARBAGE SERVICE
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt1FMV
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IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt15900
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt21500
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt35181
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt46200
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt54091
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD PRESIDENT AND EXECUTIVE DIRECTOR ARE MARRIED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD REVIEWS THE 990 IN A REGULAR SCHEDULED BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THEIR CONFLICT OF INTEREST POLICY BY DISCUSSING MATTERS AT THEIR BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD PREPARES AND APPROVES THE SALARIES AS PART OF THE GRANT PROGRAM APPLICATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD PREPARES AND APPROVES THE GRANT BUDGET PROPOSALS WHICH INCLUDES ALL SALARIES OF BOARD OFFICERS, AND ALL POSITIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6VICTORY VILLAGE IS EXPANDING TO PROVIDE HOUSING RESOURCES FOR NON VETERANS INCLUDING SENIORS, FAMILIES, WOMEN AND CHILDREN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7TOTAL INCLUDES MERCHANT FEES, PAYROLL PROCESSING FEES, POSTAGE, RECRUITMENT, RENTAL OF STORAGE CONTAINERS, BUILDING MAINTENANCE, TELEPHONE, TFA, VET CREW, WEBSITE, LICENSES AND FEES, AND MISCELLANEOUS EXPENSES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Significant program services not listed on prior year return Part III line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7List of other expenses Part IX line 24e
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IRS990/SignificantNewProgramSrvcInd0true
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0770316
IRS990/TotalAssetsEOYAmt0698526
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IRS990/TotalAssetsGrp/EOYAmt0698526
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IRS990/TotalContributionsAmt0371365
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IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt018789
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0509776
IRS990/TotalFunctionalExpensesGrp/TotalAmt0528565
IRS990/TotalGrossUBIAmt00

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